CFA : June 2014 Exam Schedule (Levels I, II, and III

The CFA (Charted Financial Analyst) program is the most recognised and respected program throughout the world. It is an American Professional qualification and most respect investment designation.

The CFA Certification is offered by CFA Institute. After successful compilation of CFA, A candidate awarded by “CFA Charter” and becomes CFA Card Holder. CFA charter is professional credential but the level of the content of the CFA program has been recognised by the United Kingdom NARIC as being comparable in level to a QCF Level 7 (master’s degree).

As it is most difficult test, only 20% candidate pass the Exam in first attempt.

Why CFA Program?

The CFA program was developed as qualification for the financial professionals, in the field of Investment Management, stock analysis, Bonds and derivative products. The program focused on portfolio management and dept analysis of investment product.

Program Details:-

The program includes a series of three Exams, Level-1, Level-2 and Level-3.

Level I: Focuses on a basic knowledge of investment tools, along with some analysis

Level II: Further emphasizes analysis along with application of investment tools and concepts

Level III: Focuses on synthesizing all of the concepts and analytical methods in a variety of applications for effective portfolio management and wealth planning

Exam Format:-

Level-1 : Multiple Choice

Level-2 : Item Set

Level-3 : essay questions and item set

All three exams are administered on paper on a single day; the Level I exam is administered twice a year (usually the first weekend of June and December). The Level II and III exams are administered once a year, usually the first weekend of June. Each exam consists of two three-hour sessions.

CFA : June 2014 Exam Schedule (Levels I, II, and III) :-

Late July 2013

June 2014 exam registration opens

25-Sep-13

First fee schedule deadline for the June 2014 exam

Nov-13

Topic-based practice test and mocks exams become available

03-Feb-14

Awareness scholarship application deadline

12-Feb-14

Second fee schedule deadline for June 2014 exam

12-Mar-14

Final fee schedule deadline to register for June 2014 exam

24-Mar-14

Final deadline for disability and religious alternate date accommodation requests to be received by CFA Institute

14-Apr-14

Test center change request deadline

Early May 2014

Exam admission tickets become available

07-Jun-14

Exam day

June–July 2014

Exams graded

July–August 2014

Exam results become available

Pass Percentage :-

As CFA exam is very challenging , in 1013 only 38% of the candidate clear the first level , 43% in Level 2 and 49% in level 3 .

Year

Level 1

Level 2

Level 3

2013 Pass %

38%

43%

49%

2012 Pass %

38%/37%

42%

52%

2011 Pass %

39%/38%

43%

51%

2010 Pass %

42%/36%

39%

46%

2009 Pass %

46%/34%

41%

49%

2008 Pass %

35%

46%

53%

2007 Pass %

39%

40%

50%

2006 Pass %

40%

48%

76%

2005 Pass %

35%

56%

55%

2004 Pass %

35%

32%

64%

2003 Pass %

41%

47%

68%

2002 Pass %

44%

47%

58%

Weighted Mean of Pass %

39.7%

44%

57.7%

Requirement of CFA program:-

* Candidate must have bachelor or equivalent Degree

* Candidate must have valid Indian Passport

( Final Year student can also apply )

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